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Singapore's Perennial plans healthcare hubs in 40 Chinese cities

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16-Jan-16 Less than a year after making its first foray into China's healthcare sector, Singapore developer Perennial Real Estate has set an ambitious goal to create integrated healthcare hubs in 20 to 40 Chinese cities. They will be similar to the Perennial hub being constructed in Chengdu, and will mainly be in Western provincial capitals, the company said. [image: Kor Kian Beng / Perennial Real Estate Holdings]

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Malaysian hospital group IHH expands in China

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15-Jan-16 IHH Healthcare, Asia's largest hospital operator by market capitalization, is expanding its footprint in China, the largest emerging economy on its radar. IHH said it has signed a lease with Perennial Real Estate on a 48,000 sq m plot in in Chengdu to build a 350-bed hospital. From Chengdu, IHH plans to make "inroads" into central China. [image: IHH / Singapore Trading Online]

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Telemedicine services to be expanded in Korea

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15-Jan-16 The Korean government plans to expand the geographical scope, size and targets of its third telemedicine system test run. Currently, the Ministry of National Defense is practicing telemedicine at 40 different locations after starting the service with two units in December 2014. [image: Yonhap News]

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Malaysia halts health subsidies for foreigners

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15-Jan-16 From 1-Jan-16 foreigners in Malaysia began bearing the full cost of medical treatment at government hospitals and clinics, a year ahead of initial plans. The Health Minister said the ministry revised its healthcare subsidy for foreigners as a cost-cutting measure to weather current economic challenges. [image: New Straits Times]

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Singapore's Eu Yan Sang to receive funding to expand in China

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15-Jan-16 Singapore based traditional Chinese medicine (TCM) retailer Eu Yan Sang Intl (EYSI) has inked a deal to receive up to SGD60 mn (USD35 mn) in funding from HCare Investments Holding, an investment vehicle managed by Hong Kong based CareCapital Advisors, as it widens its footprint in China. [image: Eu Yan Sang]

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